Tag Archives: Bitcoin News

El Salvador has announced a new law that will place crypto regulation duties in the hands of both state and private entities. The idea is that these entities will hold sway over any digital currencies (except for bitcoin, which has already been declared legal tender in the country) and how they are issued within the borders of the Central American nation. El Salvador Is Working Its Way Up the Crypto Regulation Ladder The goal of the bill is to potentially attract outside...

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The Twitter account of legendary Green Bay Packers football player Aaron Rodgers was recently hacked by crypto scammers. The Twitter Account of Rodgers Was Compromised Fans of the sportsman noticed his account was sending various crypto-related posts and messages to Elon Musk, the man who now runs the social media conglomerate. These messages contained various cryptocurrency ads and promotions and given what a center for crypto fraud Twitter has been in recent years,...

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Bitcoin price started a fresh increase from the $21,500 zone against the US Dollar. The price is now trading above $22,500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $23,240 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $22,200 support zone. Bitcoin price is rising above $22,500 against the US Dollar. BTC might extend gains...

Not long ago, the Republican dominated House of Representatives passed a bill to decrease funding for the Internal Revenue Service (IRS) by $70 billion. The bill is slated to wipe out support for the 87,000 agents being hired by the Biden administration, and most Americans are breathing a sigh of relief right about now. Biden Is Getting a Taste of His Own Medicine For crypto holders, the news is way better than expected. The fact is that the Biden administration has...

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The price of bitcoin has shot up in recent weeks and is now trading for over $17K. There is high anticipation that another bull run could be heading our way given that Jerome Powell – the head of the Federal Reserve – is slated to make a speech in the coming days about what the agency’s plans for inflation are. Could the Federal Reserve Aid BTC for Once? It is believed that Powell will announce soft inflation tactics, meaning his organization will be able to incorporate...

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